Earnings season may be winding down, but there's still plenty of action packed into this holiday-shortened week. If you're wondering what reports might move markets before everyone settles in for turkey and football, here's your roadmap.
Monday's Lineup
Before the Opening Bell:
The week kicked off with a pair of Chinese companies, WeRide Inc. (WRD) and LexinFintech Holdings Ltd. (LX), reporting before Monday's open. Both stocks climbed on better-than-expected results, setting a positive tone for the week.
After the Close:
Zoom Communications Inc. (ZM) takes center stage after Monday's closing bell with its third-quarter results. Analysts are looking for earnings of $1.44 per share and revenue of $1.21 billion from the virtual meeting platform that became a household name during the pandemic.
Also reporting Monday evening: Symbotic Inc. (SYM), Fluence Energy Inc. (FLNC), Agilent Technologies Inc. (A), Keysight Technologies Inc. (KEYS), and Semtech Corp. (SMTC).
Tuesday's Heavy Hitters
Before the Opening Bell:
Alibaba Group Holding Ltd. (BABA) releases its second-quarter earnings report ahead of Tuesday's open. Wall Street expects adjusted earnings of 81 cents per share and revenue of $34.43 billion from the Chinese tech behemoth. It's always interesting to see how China's e-commerce giant is navigating the ongoing economic shifts in its home market.
Retail watchers will want to pay attention to Kohl's Corp. (KSS) and Best Buy Co. Inc. (BBY), both reporting Tuesday morning. These reports should offer another pulse check on consumer spending heading into the crucial holiday shopping season. Are Americans still opening their wallets, or are they getting more cautious?
After the Close:
CleanSpark Inc. (CLSK) reports after Tuesday's closing bell. The company has evolved from pure Bitcoin mining into an AI infrastructure provider, making its results particularly interesting given the current AI boom. Also on deck for Tuesday evening: Dell Technologies Inc. (DELL) and Zscaler Inc. (ZS).
Wednesday Wraps It Up
Before the Opening Bell:
Chinese EV manufacturer Li Auto Inc. (LI) and urban air mobility company EHang Holdings Ltd. (EH) both report before Wednesday's open. EHang operates in the futuristic world of passenger drones and autonomous aerial vehicles, so if you're curious about how that business model is actually performing, here's your chance.
Deere & Co. (DE), the parent company of John Deere, also reports Wednesday morning. Here's a fun fact: the agricultural equipment giant has beaten analyst expectations on both the top and bottom lines for 12 consecutive quarters. That's an impressive streak, and investors will be watching to see if the company can keep it alive.
Holiday Schedule
U.S. stock markets will be closed on Thursday, November 27 for Thanksgiving. The market closes early at 1 p.m. ET on Friday, November 28, giving traders just a half day before the weekend and Black Friday shopping kicks into gear.
With the compressed schedule and major names reporting, it should be an eventful few days before the holiday break.